The founder of the FTX crypto exchange Bankman-Fried faces confiscation of assets worth $700 million
THIS MATERIAL (INFORMATION) IS PRODUCED AND DISTRIBUTED BY A FOREIGN AGENT OF THE BELL OR IS RELATED TO THE ACTIVITIES OF A FOREIGN AGENT OF THE BELL. 18+ The founder of the collapsed crypto exchange FTX, Sam Bankman-Fried, found assets worth $ 700 million, reports Bloomberg. If found guilty in the fraud case, the property will be confiscated to pay the victims. The pool of assets included 55 million shares of Robinhood Markets owned by Sam Bankman-Fried.